Renovated Storefront
New
For Sale
$255,000
307-309 W Lake Street, Maywood, IL 60153
Business Opportunity, Maywood, IL
Property SizeContact for details
Lot Size0.05 Acres
Days on Market6
Property Features for 307-309 W Lake Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMMR
Directions
NORTH AVE THEN S ON 1ST AVE TO LAKE ST THEN JUST W TO 3RD
Subdivision
Maywood
Standard status
Active
APN
15111290120000
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
11571
Utilities
Cooling system
Central Air
Building Details
Floors in Building
1
Listing Agency:
RE/MAX Enterprises · RE/MAX International
(630) 964-3000
Listed By:
Sylvana Menolascino · License #475137109
(630) 363-6059
Added: Sep 8
Changed: Sep 9
Last Checked: Sep 13 at 11:06AM
MLS# 12061686
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial storefront property at 307-309 W Lake Street includes two leased retail spaces and a vacant garage. One storefront measures 450 square feet and is occupied by a barber shop; the second is approximately 375 square feet and is occupied by a tattoo salon. The 925-square-foot garage has a heater, insulated overhead door, separate electric metering, and the ability to be secured apart from the 309 storefront. Gas is currently supplied through the 309 unit; separate garage occupancy would require installation of an individual gas meter and line from the Nicor gas header.
Renovation work includes new interior walls, insulation, drywall, electrical wiring and conduit, lighting, copper water lines, plumbing fixtures, windows, doors, high-efficiency furnaces, air conditioning, ductwork, and epoxy flooring. The storefront utilities are individually metered for electric, gas, and water. Recent exterior work includes roof repairs and sealing, garage peak siding, select soffit replacement, and west gutter and fascia repairs. The property is zoned COMMR and located on W Lake Street in Maywood, near Walgreens and McDonald's.
Renovation work includes new interior walls, insulation, drywall, electrical wiring and conduit, lighting, copper water lines, plumbing fixtures, windows, doors, high-efficiency furnaces, air conditioning, ductwork, and epoxy flooring. The storefront utilities are individually metered for electric, gas, and water. Recent exterior work includes roof repairs and sealing, garage peak siding, select soffit replacement, and west gutter and fascia repairs. The property is zoned COMMR and located on W Lake Street in Maywood, near Walgreens and McDonald's.
Key Highlights
- Two leased storefronts measuring 450 square feet and approximately 375 square feet
- Vacant 925‑square‑foot garage with heater and insulated overhead door
- Storefronts individually metered for electric, gas, and water
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
756
Businesses Nearby
33k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 88%
Shops & Services 10%
Apparel 2%
McDonald's
Dining
29,111 visits/mo
0.3 miles
CubeSmart Self Storage
Shops & Services
3,302 visits/mo
0.3 miles
Clarks
Apparel
720 visits/mo
0.3 miles
Demographics for 60153, IL
23,512
Population
8,385
Households
2.8
Avg Household Size
36
Median Age
17%
College-Educated
79%
High-School Grad
2.8 sq mi
ZIP Area
8,397
Density / Sq Mi
$66,498
Median Household Income
$40,734
Median Earnings
$1,203
Median Rent
$212,600
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Storefront property - Two leased retail spaces accompany a separately secured garage with its own electric meter and independent access potential.
Where is this storefront property located?
The property is located at 307-309 W Lake Street Maywood, IL.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Two leased storefronts measuring 450 square feet and approximately 375 square feet; Vacant 925‑square‑foot garage with heater and insulated overhead door; Storefronts individually metered for electric, gas, and water
